Tag "money"

By Justin Mikulka In 2008, Aubrey McClendon was the highest paid Fortune 500 CEO in America, a title he earned taking home $112 million for running Chesapeake Energy. Later dubbed “The Shale King,” he was at the forefront of the oil and gas industry’s next boom, made possible by advances in fracking, which broke open fossil fuels from shale formations around the U.S. What was McClendon’s secret? Instead of running a company that

I was recently contacted by Sam Mitchell, who has a Youtube channel called Collapse Chronicles and has been interviewing the usual suspects including Jim Kunstler. And since I generally don’t mind going wherever Jim goes, I agreed to give him an interview. You can hear the audio version here and suffer through the bad sound quality, or you can just read my enhanced distillation of it below. The interview was

By Gilad Atzmon Haaretz reveals today that Canary Mission a Hasbara defamation outlet that was established to “spread fear among undergraduate activists, posting more than a thousand political dossiers on student supporters of Palestinian rights,” is funded by one of the largest Jewish charities in the U.S. According to Haaretz; the Forward, an American Jewish outlet, “has definitively identified a major donor to Canary Mission. It is a foundation controlled by the

By Paul Antonopoulos Russia will be giving US-Africom a real challenge in Africa – but not by way of exerting any military interference onto the continent, but through win-win trade agreements. Africa is still decades behind much of the rest of the world in terms of industrial development, but Chinese investment has gone a long way to help turn that around. Standing on this shoulders, Russia now looks to pick

by Dmitri Orlov The phrase “pecunia non olet” (money doesn’t stink) is said to have been coined (no pun intended) by the Roman emperor Vespasian who ruled from 69 to 79 AD. It is generally taken to mean that the value of money remains the same regardless of how it was obtained. (Well, tell that to the money-laundering squad!) Vespasian had a point: Roman money was mostly in the form

“Most importantly, this gas will be paid for in euros, not dollars. And this further undermines the effectiveness of US sanctions” by Tom Loungo Since its first announcement I have been convinced the Nordstream 2 pipeline would be built. I have followed every twist of this story from my days writing for Newsmax. And the reason for my confidence can be summed up in one word. Money. Nordstream 2 simply makes too

by Chris Hamilton I often read that China may retaliate against US trade sanctions by further decreasing their US Treasury holdings, sending Treasury yields significantly higher, thus blowing out US deficit spending on interest payments. Trouble is, Chinese Treasury holdings peaked in 2014 (on an annualized basis) and have been declining since. The Chinese have not only ceased accumulating US Treasury debt, despite continued record trade surplus’ with the US resulting in

by Egon von Greyerz This is it! The autumn of 2018 will be momentous in the world economy, markets and politics. We are now seeing the Last Hurrah for stocks, bonds, the dollar and most asset markets. The world economy has been living on borrowed time since the 2006-9 crisis. The financial system should have collapsed at that time. But the massive life support that central banks orchestrated managed to